Forest Hills, MI
Housing market overview · Updated weekly
$477,500median sale price
Homes sold
20
Last 12 weeks
Days on market
62
Average pace
Active listings
25
1.3 months supply
Sale-to-list
98.8%
Below asking
The Forest Hills housing market is currently classified as a seller's market with a median sale price of $477,500. Prices have fallen 5.9% compared to last year, with homes spending an average of 62 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Forest Hills?
The median home sale price in Forest Hills is $477,500, down 5.9% from last year.
How long do homes stay on market in Forest Hills?
Homes typically spend 62 days on market before going under contract.
Is Forest Hills a buyer's or seller's market?
With 1.3 months of supply, Forest Hills is currently a seller's market.
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